Ida Mary was not easily bluffed. She reached for the receipt. "I'll try Sedgwick at the bank."

"We'll make it nine hundred," the agent said, "but not a cent more. I know that quarter section; it's pretty rough."

Homesteading was no longer a precarious venture. A homesteader could borrow $1000 on almost any quarter-section in the West—more on good land, well located. It was a criminal offense to sell or mortgage government land, but who could wait six months or a year for the government to issue a patent (deed) to the land? Many of the settlers must borrow money to make proof. So the homestead loan business became a sleight-of-hand performance.

The homesteader could not get this receipt of title until he paid the Land Office for the land, and he could not pay for the land until he had the receipt to turn over to the loan agent. So it was all done simultaneously—money, mortgages, final-proof receipts; like juggling half a dozen balls in the air at once. It was one of the most ingenious methods of finance in operation. Banks and loan companies went into operation to handle homestead loans, and eastern capital began flowing in for the purpose.

Being familiar with Land Office procedure from my work on the McClure Press, I knew that not every winner of a claim on the Lower Brulé reservation would come to prove it up. A few of them would relinquish their rights. The buying and selling of relinquishments, in fact, became a big business for the land agents. There was a mad rush for relinquishments on the Strip, where landseekers were paying as high as $1000 to $1200 for the right to file on a claim.

I wanted a relinquishment on the reservation, in the very center of it, and I found one for $400.

Then I made a deal with a printing equipment firm for a small plant—a new one! And, although there were only a dozen settlers or so on the land, I pledged 400 proof notices as collateral.

These proofs at $5 apiece were as sure as government bonds; that is, if the settlers on the Brulé stayed long enough to prove up, if the newspaper lived, and if no one else started a paper in competition. But on that score the printers' supply company was satisfied. Its officers thought there was no danger of anyone else trailing an outfit into that region.

We arranged for straight credit on lumber for a print shop, there being nothing left to mortgage. From now on we were dealing in futures. In just two short weeks I had become a reckless plunger, aided and abetted by Ida Mary. The whole West was gambling on the homesteaders' making good.

Long we hesitated over the letter home, telling of our new plans. Under the new laws, one must stay on a claim fourteen months, instead of the eight months required when Ida Mary had filed. At last we wrote to explain that we were not coming home this spring. We were going on to a new frontier.